Traditional Chinese Medicine Hospitals in China: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Traditional Chinese Medicine Hospitals Market Research Report | Feb 2016

IBISWorld’s Traditional Chinese Medicine Hospitals market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Annual Growth 11-16
Annual Growth 16-21
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Industry Analysis & Industry Trends

Driven by government support and increasing demand from patients, the development of the Traditional Chinese Medicine Hospitals industry has accelerated in recent years. In 2016, revenue for this industry is expected to reach $53.7 billion, up 11.8% from 2015 and representing annualized growth of 16.3% from 2011.

For the Traditional Chinese Medicine Hospital industry, a growing number of patients has ensured revenue and profitability increases. Profitability ihas risen from 0.9% in 2007 to an estimated 4.6% in 2016. The scale of traditional Chinese medicine hospitals has also been expanding. There are about 3,059 traditional Chinese medicine hospitals in China, each containing 252 beds on average.... purchase to read more

Industry Report - Industry Investment Chapter

Within the Traditional Chinese Medicine Hospital industry, about 18.1 cents are invested in capital for every dollar spent on wages. Construction of hospitals requires a large amount of capital. In traditional Chinese medicine hospitals, traditional Chinese and western medicine are integrated to some degree. Therefore, besides the traditional medicine devices, some Western diagnosis and treatment devices are also introduced, which further increases capital expenses. Due to the rising wages for this industry, its share of industry revenue has increased in recent years, up from 24.2% in 2010 to about 26.5% in 2016... purchase to read more


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What is the Traditional Chinese Medicine Hospitals Industry?

The Traditional Chinese Medicine Hospital industry in China comprises licensed traditional Chinese medicine general hospitals and traditional Chinese medicine specialized hospitals. Integrated traditional Chinese and Western medicine hospitals and ethnic minority hospitals are not included in this industry.

Industry Products
Outpatient servicesInpatient servicesMedicine sales
Industry Activities
Diagnostics and examination servicesMedicine boiling servicesAcupuncture and moxibustion servicesManipulation services Scrape therapy servicesOther hospital services

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